Farmers associated with Rajasthan cooperative dairy federation will get insurance cover worth Rs 5 lakh under a first-of-its-kind scheme announced by the State government on the eve of new year.
The scheme, announced at the initiative of Chief Minister Vasundhara Raje, is probably the first-ever personal insurance scheme for dairy farmers in the country, according to Rajasthan Cooperative Minister Ajay Singh.
Women and SC/ST category beneficiaries will have to pay a premium of Rs 20.25 annually, while the premium for general category dairy farmers will be Rs 24.30, he said.
The state government has signed a MoU with United India Insurance Company Ltd for the ‘Raj Saras Suraksha Kavach Bima Yojana’ under which insurance cover of Rs 5 lakh will be provided.